Posted on 03/11/2024 7:21:12 AM PDT by marcusmaximus
President Vladimir Putin is set to extend his 24 years as Russia's paramount ruler in an election on March 15-17 and has promised more than 11.5 trillion roubles ($126.5 billion) in infrastructure and social spending over the next six years.
"This is the programme of a strong, sovereign country that confidently looks to the future," Putin told Russia's elite including lawmakers in a speech on Feb. 29. "We have both the resources and tremendous opportunities to achieve our goals."
Russia's total budget spending in 2024 is planned at 36.6 trillion roubles, with military expenditure set to exceed social spending for the first time this year, as Moscow presses on with its war in Ukraine, now in its third year.
(Excerpt) Read more at reuters.com ...
Must be in his stash...................
Does Russia have some version of the US Rural Electrification Program or the Tennessee Valley Authority TVAA? I’ve read there are still many households there without electricity or running water yet.
If I had been smart, starting in about 1975, I should’ve invested in special paper, ink and printing presses for printing money world-wide, backed up by THIN AIR!
I’d be rich, Rich, RICH by now! ;)
https://www.thebalancemoney.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
Obviously Putin doesn’t have to provide a balanced budget, either! *SPIT*
Ironically, despite the fact that the left has continuously spouted the untruth that Putin put Trump into office, you just know we will be trying to interfere in Russia’s election.
Funny that “Putin” is promising indoor toilets as part of his “social spending” announcement.
“ I have read”…..
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Your first mistake. “ I have been “ there for three years…..absolutely beautiful and CLEAN. That said, much of the billions will be spent on developing Russia’s vast resources, the largest in the world….jobs, jobs, jobs…..senile Joe’s sanctions have unleashed a powerhouse.
US CIA: troubled egg production to get the majority of investment.
That is an understatement!!!
Russia was paying down its national debt in 2023. They reduced it by $57 Billion which was approximately 15% of the total that they owed. The United States National Debt went up $2 Trillion to $34 Trillion in the same time period. And this does not include the increase on the $212 Trillion in unfunded liabilities which is going up at an even faster rate.
Russian GPD is currently growing at 5% a year. Their economy is going gang busters compared to ours. The United States GPD growth is currently at 2.1% and projected to fall to 1.4% in 2024. But at least that is better than France currently at 1%, or the .48% that the United Kingdom's GDP grew at in 2023.
143 million people live in Russia. The country owes $271.6 Billion that comes to approximately $1,900 per person.
332 million people live in the United States. Our country owes $34 Trillion that comes to $102,400 per person. But wait in the United States we also have $212 Trillion in “unfunded liabilities” that comes to an additional $638,500 of debt per person. Let's not bother counting the additional $4 Trillion owed by state and local governments.
Russians are doing just fine compared people in the United States. They are climbing out of 3rd world status while we are rushing headlong into an unsustainable abyss of debt while our society is coming apart at the seams.
“Putin” social spending stronk as bull!
New Russian Probing Attacks | 4th Abrams Lost | Elite 47th Mechanized Brigade Struggles
Why stop there? Why not 500b or a trillion, I mean it’s only money!
Do you ever post anything other than negative Russia/Putin posts? I sure haven't noticed any.
Kyiv in 3 days!
(((PING!)))
To be added to the zeeper follies pinglist, ping me bro... we need laughter!
Obviously! Putin is still basically a dictator, so he really doesn't have to do anything. But in 2023 despite the money being spent on the war in Ukraine and a myriad of “economic sanctions” they still managed to pay off $57 Billion of their national debt which was 15% of the total in one year. Putin might be able to spend an additional $126 Billion on infrastructure and social programs over 6 years and keep his budget balanced.
In 2023 the US by contrast increased it's debt by $4 Trillion not including the $212 Trillion in “unfunded liabilities” which are going up at an even faster rate.
“Putin” social spending stronk as bull!
Ukraine keeps shrinking...every day, losing territory it will never get back.
What May 9th “Victory” parade doink?
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